PARK, EAT, RIDE

After more than two years looking, the Georgia Regional Transportation Authority has picked a site for a new 900-vehicle Park & Ride. GRTA bought nine acres at I-185 and Hamilton Mill for $3.2M, or $357K/acre, for the facility, Bull Realty's Darrell Chapman tells us. He repped the seller, Hamilton Mill 755 LLC.
 
GRTA considered several sites but ultimately chose the Hamilton Mill site because of its accessibility, visibility, and proximity  to the interstate. The tract is part of a development that includes a Super Wal-Mart, which will allow commuters to pick up coffee on the way to work, groceries on the way home, and a $5.99 Blu-ray for the drive. ?Now that the sale has closed, we expect to see restaurants, retailers, and other businesses move to take advantage of the increased traffic flow,? Darrell says.

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